Updated tax provisions for property rental income in budget 2021-22
Finance Act, 2013 shifted the property income (Property rental income) from fixed tax regime to…
Islamabad High Court reserves decision on track & trace system case
The Islamabad High Court (IHC) has reserved their judgment in the case of selection of the…
FBR Suspends Sales Tax collection On Sugar from manufacturers
The Federal Board of Revenue (FBR) has suspended the provision of sales tax collection on sugar from…
FBR removes tax officials despite resistance from tax machinery
The Federal Board of Revenue (FBR) has dismissed 29 officials from civil service on charges of…
FBR issued list of identified Tier1 nonintegrated retailers
The Federal Board of Revenue (FBR) has advised Tier-1 Retailers to integrate their systems with the…
FBR fixes value of steel in respect of locally produced goods
The Federal Board of Revenue fixes the value of locally produced steel and scrap goods for the…
FBR Issues clarification on withholding tax on medicine traders
FBR Issues Clarification“Federal Board of Revenue (FBR) has issued a clarification on a…
FBR decides to deny tax refund claims to retailers resisting integration with tax system
The Federal Board of Revenue (FBR) on Tuesday decided to hold 60% of the refund claims to those top…
FBR issues procedure for mandatory registration of brand name of businesses
The Federal Board of Revenue (FBR) on Tuesday issued a Sales Tax General Order No. 07 of 2021…
FBR notifies Export Facilitation Scheme 2021
Federal Board of Revenue has notified Rules for new Export Facilitation Scheme 2021 which will be…
